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Dec 10, 2012
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FBC
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joining us now from wshington d.c., peter wallace, former reagan white house counsel, former member of the financial crisis inquiry commission. a senior fellow at the american enterprise institute. good to have you here. you believe they're going over the cliff. >> i think their is a real dang of this. one can see a path for obaaa that does not look so terrible ife do go over the cliff. all of the taxes go up, but t democrats have an opportunity to introduce legislation to reduce the taxes for 98 percent of the people leaving the wealthier people, i guess you could call them wealthy, the top two percentage to stay at the high rates. it is possible to do this. lou: it is possible, but i have to ask you, surely the republicans have to understand and had to understand six months ago what what transpired in this lame duck session of congress? what this president would press forward to. the fiscal cliff, the result of sequestration and agreements between the two parties, capitol hill and the white house. why would they not have thought out a position here? >> you know, one of the things tha
joining us now from wshington d.c., peter wallace, former reagan white house counsel, former member of the financial crisis inquiry commission. a senior fellow at the american enterprise institute. good to have you here. you believe they're going over the cliff. >> i think their is a real dang of this. one can see a path for obaaa that does not look so terrible ife do go over the cliff. all of the taxes go up, but t democrats have an opportunity to introduce legislation to reduce the...
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Dec 10, 2012
12/12
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CURRENT
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in a statement released last thursday a white house spokesman said that president obama has been opposed to right to work laws for a very long time. and that the strength of autoworkers in michigan is proof of how the unions help to build the economy and strengthen the middle class. right to work laws make it illegal for unions to automatically deduct dues from payrolls and people who support the law say that workers shouldn't have to be part of a union if they don't want to. but what really happens is nonunion workers benefit from a unionized workplace without having to financially contribute. ultimately, the laws end up cutting into union financing and weakening their bargaining power. we're back with more steph after the break. stay with us! a >>> she get's the comedians laughing... >>>that hilarious. >>>and the thinkers thinking. joy>>>okay so. there's wiggle room in the ten commandments is what you're telling me? >>she's joy behar. joy>>>and the best part is that current will let me say anything. what the hell were they thinking? >>>> only on current tv. brought to you by geico 15 m
in a statement released last thursday a white house spokesman said that president obama has been opposed to right to work laws for a very long time. and that the strength of autoworkers in michigan is proof of how the unions help to build the economy and strengthen the middle class. right to work laws make it illegal for unions to automatically deduct dues from payrolls and people who support the law say that workers shouldn't have to be part of a union if they don't want to. but what really...
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Dec 10, 2012
12/12
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CURRENT
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in a statement released last thursday, a white house spokesman said that president obama has been opposed to right to work laws for a very long time. and that the strength of autoworkers in michigan is proof of how the unions help to build the economy and strengthen the middle class. right to work laws make it illegal for unions to automatically deduct dues from payrolls and people who support the law say that workers shouldn't have to be part of a union if they don't want to. but what really happens is nonunion workers benefit from a unionized workplace without having to financially contribute. ultimately, the laws end up cutting into union financing and weakening their bargaining power. we're back with more steph after the break. stay with us! (vo) this friday current tv presents a special event. >> nobody knows disasters like comedians. that's why for my upcoming benefit for victims of hurricane sandy, i booked the strongest, smartest comics i could find. my comedian friends and i will raise money to rebuild homes and lives one laugh at a time. so tune in next friday for my all star co
in a statement released last thursday, a white house spokesman said that president obama has been opposed to right to work laws for a very long time. and that the strength of autoworkers in michigan is proof of how the unions help to build the economy and strengthen the middle class. right to work laws make it illegal for unions to automatically deduct dues from payrolls and people who support the law say that workers shouldn't have to be part of a union if they don't want to. but what really...
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Dec 10, 2012
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our john harwood is live at the white house with more on that. john, good morning. >> good morning, carl. you know the president's been very clear since the election that republicans need to give on taxes for people at the top and not just on revenues, but also on tax rates because he says the math can't work otherwise. we've seen some signs of cracking in the republican unity. that suggests we may be getting to the next phase of negotiations. the latest sign was possible corker, the senator from tennessee, who was on our air just a few minutes ago, as you know, saying republicans should concede ground on top tax rates and then get on to other issues. >> the best place for republicans to be, to me, is to pass the rate of rate increases, be done with it, the numbers aprobably much smaller than is going to ultimately be negotiated, and then we still are focused on the right thing, which is entitlement changes. >> and that may be what john boehner and president obama are discussing yesterday, and in the days to come. because, speaker boehner needs s
our john harwood is live at the white house with more on that. john, good morning. >> good morning, carl. you know the president's been very clear since the election that republicans need to give on taxes for people at the top and not just on revenues, but also on tax rates because he says the math can't work otherwise. we've seen some signs of cracking in the republican unity. that suggests we may be getting to the next phase of negotiations. the latest sign was possible corker, the...
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Dec 10, 2012
12/12
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house speaker boehner meeting with president obama at the white house. but what will it take to get a compromise deal? republican senator john thune will be our guest host for the hour. >> plus starwood hotel ceo frits van paaschen on the effects of the fiscal cliff and avoiding the european recovery model. >> we know big ben. >> parliament. >> the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc. first in business worldwide i'm joe kernen along with becky quick. andrew ross sorkin is off today. we have a big lineup this hour. sitting in andrew's seat our guest host, senator john thune. he is with us for the hour to talk about the fiscal cliff. talk about jobs. and a lot more. we're also going to speak to the president of telemundo media. emilio row mano. we're going to convene an economic summit to tackle america's debt crisis and outline growth scenarios for 2013. in addition to solving our budget problems and the fiscal cliff, we're also going to figure out how it affects the hotel industry with starwood's hot
house speaker boehner meeting with president obama at the white house. but what will it take to get a compromise deal? republican senator john thune will be our guest host for the hour. >> plus starwood hotel ceo frits van paaschen on the effects of the fiscal cliff and avoiding the european recovery model. >> we know big ben. >> parliament. >> the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc....
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Dec 10, 2012
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FOXNEWS
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martha: newt gingrich with a warning for president obama. he says that the white house is taking a big risk with its my way or the highway negotiations on the fiscal cliff. now you can look at it. >> this president has a chance, as he did in 09 to come in and say i'm going to sit down and work with you, we're going to be bipartisan. we are going to put the country first. i'm going to write or he can write a stimulus package and ram it through on red. he guarantees a permanent war, because everybody on the right at every level sooner or later is going to get particular sick of it. martha: is he right? let's talk to brit hume, fox news senior political analyst. good morning to you. is he right about that if the president doesn't do some negotiating, giving in a little bit on this that he's risks a permanent war on capitol hill. >> reporter: i think there will be a permanent war over the issues of taxation and spending regardless of what happens in this immediate negotiation to avoid the so-called fiscal cliff and the reason is this. for a long
martha: newt gingrich with a warning for president obama. he says that the white house is taking a big risk with its my way or the highway negotiations on the fiscal cliff. now you can look at it. >> this president has a chance, as he did in 09 to come in and say i'm going to sit down and work with you, we're going to be bipartisan. we are going to put the country first. i'm going to write or he can write a stimulus package and ram it through on red. he guarantees a permanent war, because...
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Dec 10, 2012
12/12
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CSPAN
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. >> president obama and house speaker john boehner met at the white house today to discuss ongoing negotiations over the impending fiscal cliff. both men agree to not release details of the conversation. last tuesday, former joint chiefs chairman admiral mike mullen called on congress to avert the so-called fiscal cliff and lay a framework for a debt reduction and economic growth over the next two years. he spoke of a forum hosted by the coalition for fiscal and national security. this is about 45 minutes. >> all set? good afternoon. thank you for coming. my name is pete peterson. i want to give you first a review of our foundation and why we are supporting the project you will hear about today. starting about 30 years ago, after starting the profound demographic trend and the vast unfunded promises we had made, i decided that our projected long term, and i emphasize long-term paths were not only unsustainable but the primary threat to our future. speaking of unsustainable, in the next white house in which i served, the chairman of the council of economic advisers -- he said, if something is un
. >> president obama and house speaker john boehner met at the white house today to discuss ongoing negotiations over the impending fiscal cliff. both men agree to not release details of the conversation. last tuesday, former joint chiefs chairman admiral mike mullen called on congress to avert the so-called fiscal cliff and lay a framework for a debt reduction and economic growth over the next two years. he spoke of a forum hosted by the coalition for fiscal and national security. this...